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"The EU in the GATTWTO" [2019] ELECD 978; in Leal-Arcas, Rafael (ed), "EU Trade Law" (Edward Elgar Publishing, 2019) 24

Book Title: EU Trade Law

Editor(s): Leal-Arcas, Rafael

Publisher: Edward Elgar Publishing

Section: Chapter 3

Section Title: The EU in the GATTWTO

Number of pages: 26

Abstract/Description:

In the late 1990s, the EU devoted important efforts to encouraging other countries to launch a comprehensive WTO round. One of the reasons for the EU to favour a more comprehensive and broader agenda was that it believed there would be more opportunities for cross-cutting agreements among sectors. It would also facilitate progress in the negotiations themselves. However, the EU had neither the economic power nor the unity of purpose to replace the US as a leader in the world trading system. Thus, a degree of consensus was necessary between the US and the EU if a new WTO round was to be possible. The US and the EU have both become highly dependent on trade and they both had a shared interest in launching the new WTO Round at Doha.